Not in our lifetime, at least from todays point of view. This could change to up to 10 years if rid ourselves of Obama and Dem majority in the Senate come November.
We are looking at hard times no matter which way we go. No administration is going to completely turn things around in only one term. However, by the end of that first term, we should at least see marked improvements in some areas. We do not see that today. What we do see is a government that is becoming more and more hostile towards business with the likely affect of many companies not only outsourcing, but actually moving totally out of the US over the next four years if we keep going with Obama. We have already seen him bypass Congress with illegal executive orders to get what he wants and he has not been held accountable for it. Unless the electorate holds him accountable in November, he will have no restrictions of using the same method more and more with a congress that will not have a strong enough presence to hold him accountable. Without the Republicans achieving a 2/3 Majority in the Senate, which I do not think is possible, he will not face any accountability for his actions.
The upholding of Obama-care has set the constitutionality for the government to restrict profits and allows the government to dictate spending of corporations. Dodd-Frank gives the government the tools to seize and tear apart any company, supposedly based upon threat to the economy, but with no oversight and no appeals process, it will be way to easy for some one like Obama, who has already shown a tendency to try to seize private corporations, free reign to abuse it.
In the United States, we currently have two states with populations much larger than some countries, one who is right leaning, Texas, and one that has been using a large part of Obamas economic plans for years California (if you don't like California as an example, try New York, Illinois or any other Left state with population over 10 million.). Look at the current status of both states currently. Which result do you want for America? Take a look at their longterm performance and stability also.
Economically, we can start down the road of Texas, elect republicans or we can continue down the road of California, Obama and the Dems. It is our choice come November, I would recommend that everyone that plans to vote make that economic comparison.